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Bald Eagle Gold

TSXV:BIG

Acquiring and Exploring Early-Stage Gold Assets in Mining-Friendly Gold Districts of North America

Press Releases

Overview

It can be difficult finding a viable asset to develop for emerging mining and exploration companies. Luckily, the right management team operating in the right jurisdiction can push even junior players into the big leagues.

One of the US' most prolific mining districts is Nevada. According to the Fraser Institute, the state ranks as one of the top mining jurisdictions in the world. Nevada hosts the perfect mix of existing infrastructure, a skilled local workforce and favorable warm weather year-round, which presents emerging mining companies with exceptional discovery potential and economic prospects.

Bald Eagle Gold (TSXV:BIG, OTCBQ:BADEF, WKN:A3DEW9, FSE: 6W0) is an emerging mineral exploration and development company focused on exploring gold districts in North America. The company is currently developing its high-quality Hot Springs gold property in Nevada, which leverages a stable operating environment, rich resource networks and widespread mineralization.

The company's management team and board have a successful track record of growing companies through formation, listing, development and exit. Collectively, the team has raised over US$405 million in capital with companies such as UNX Energy (TSX:UNX), IC Potash (TSX:ICP), Namaste Technologies (TSXV:N) and Khiron Life Sciences (TSXV:KHRN).

With Bald Eagle Gold, the leadership team applies its expert exploration experience and technical skills to develop new highly prospective mineral exploration projects. This management team primes the company for growth and mining success.

Bald Eagle Gold has generated a high-quality pipeline through long-standing relationships with local operators, key decision-makers and market participants. These connections help Bald Eagle advance its objective to acquire, expand and enhance its asset's resources to reserves over the early stages of its current commodity cycle.

The Hot Springs property is a historically explored property with a significant source of gold mineralization first discovered in the 1890s. The property hosts two main targets: the Dutch Flats shear zone and the mid-Paleozoic calcareous and limestone zones.

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The project's exploration history for the project is primarily shallow drilling and surface sampling, with the discovery of quartz-gold nuggets at surface. Bald Eagle theorizes that much of the high-grade gold discovery lies deeper into the property. The company is excited to explore its multiple drill targets across the property. The Battle Mountain and Getchell-Comstock gold trends intersect through the district and host world-class epithermal and Carlin-type deposits. Eighteen mines have been discovered across the district — including mines ones from well known companies such as Hecla (NYSE:HL), Newmont (NYSE:NEM,TSX:NGT) and Barrick Gold (NYSE:GOLD,TSX:ABX) — and considerable exploration and development potential remains.

The company's goal is to expand its portfolio of high-grade mineral assets through organic exploration and development. Immediate plans for the Hot Springs property involve developing new geologic models to test the property and continuing drilling to uncover the property's discovery possibilities at depth.

In 2021, Bald Eagle received TSX Venture Exchange and other regulatory approval for the acquisition of a 100 percent interest in the Hercules Silver Property located in Washington County, Idaho. The Hercules Property is a significant brownfield land package of nine square kilometers within the underexplored Cuddy Mountain Mining. Its silver-rich terrane has been prospected for silver occurrences since the late 19 th century, with six historically identified silver-mineralized zones. Hercules Silver has historic drill intercepts including hole 80-13 with 10.7 meters of 825 grams/tonne (“g/t") silver, hole PH 42 with 29.3 meters of 259 g/t silver and hole PH 33 with 14.6 meters of 562 g/t.

Bald Eagle Gold's Company Highlights

  • Bald Eagle Gold is an emerging mineral exploration and development company focused on exploring, acquiring and operating highly prospective gold assets in North America, focused primarily on Nevada.
  • Its impressive management team has collectively raised over US$405 million in capital and has a proven track record of success.
  • In 2018, Nevada's production of gold was approximately 5.58 million ounces, representing approximately 83 percent of U.S. total gold production.
  • The company's flagship gold asset is its Hot Springs gold property. The asset hosts high-grade gold mineralization and strategically positions the company around well-known gold mines as well as Carlin-type and epithermal gold deposits.
  • Eighteen gold mines have been discovered within 100 kilometers of the Hot Springs property, including ones from well-known mining companies such as Hecla, Newmont and Barrick.
  • In March 2021, Bald Eagle Gold began trading on the TSXV.
  • The company entered into a share purchase agreement to acquire a 100 percent interest in the Leviathan Property in the Heath Mining District of Washington County, Idaho USA. The Leviathan is located immediately east of and adjoins the Company's recently acquired Hercules silver property.

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